? Buy Now Forget To Pay Later | 47% of Under 29ers Missed Payment

#BNPL #Retail #HeiseSays

47% of those under 29 will Buy Now and Forget to Pay. Is more regulation and an industry Code of Conduct going to make any difference without accompanying financial literacy?

References

https://asic.gov.au/about-asic/news-centre/find-a-media-release/2020-releases/20-280mr-asic-releases-latest-data-on-buy-now-pay-later-industry

https://download.asic.gov.au/media/5852803/rep672-published-16-november-2020-2.pdf